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20131028
20131105
Search Results 0 to 9 of about 10 (some duplicates have been removed)
is compounding the problem. >> it will pass to the customers over a billion dollars worth of taxes and fees associated with the affordable care act that need to go into pricing. >> reporter: divided among aetna's 22 million members, that's not much but some say there are other added costs. children covered on parents' plans until they are 26 and protections for preexisting conditions. >> the analogy would be your house starts to burn. you call the insurance company immediately and say i would like household insurance. they say okay, sure. >> reporter: even employers say much of the increases are simply the result of rising health care costs and more people using health care. factors that at least for now have nothing to do with obama care. scott cohn, "nightly business report." >>> here to talk more about the changing landscape of health insurance is greg, assistant professor of management at northwestern university kellogg school of management and specializes in health care. good to have you with us. i assume you heard scott's package there. i want to get your best guess, estimate of how m
to the cuts in the sequester and higher tax revenues, the budget short fall for 2013 $2013 is $680 billion, lowest since 2008. >>> coming up, cities that have one or two days of cash on hand left. the ramifications coming up but first, a look how international markets faired today. >>> the buckle of the day where we start tonight's market focus and why not on this halloween? far su pharmaceuticals ariad after it stopped an on going trial of the medicine over safety concerns. the stock down almost 45% today and look at this next chart, down 88% for the month. >>> and ding dong, avon falling, the shares tanked after they reported a big earnings miss. a drop in north american sales and emerging markets threatened the turn-around plan. the door to door warned numbers will be hurt by larger than expected fine by the fcc to settle a bribery probe. the stock dropped 22% today to $17.50. >>> "the times" reporting a net loss after selling "the boston globe" and set a decline on online ad sells. the stock is up 62% so far this year. >>> expedia stocks soared after the company reported quarterly prof
they have to bring it back from over seas and pay tax on it. does that tell you anything if they borrow to buy? >> yeah, i've seen that a lot and i think the match shows that that can make sense and again, that's an issue with the tax code. it -- i don't necessarily agree with some of the tax policies that we have for patrioting of cash but with those costs to bring back in money from the united states, it certainly can make sense to borrow and buy back. >> we'll leave it there. thank you for your thoughts. tim courtney. >>> and some more trouble at jp morgan chase. the u.s. justice department and securities exchange commission are looking into the hiring practices at jp mogen at hong kong offices. relative of chinese party officials got jobs there and the bank said in a regulatory filing that several u.s. government agencies requested information about the foreign exchange trading business and whether employees were rigging the market. >>> jp morgan chase isn't alone. citi group, the bank that conducts the most international business revealed that federal investigators are looking into
's where local coalition building comes in. at the county level you can do document fees and transfer taxes and you can get labor together with the affordable housing folks, people interested in parks and open space and come up with a coalition of folks to put a measure, you know, on -- in your county that might be a transfer tax that could be divided up among the various uses. i think those local coalitions can be strong in passing getting you to the 66% threshold. >> it is a dilemma, though, right, because we need growth. we need developments for jobs, for economic stimulation but then there are always those sectors that have opposition because of environmental concerns, how do you -- how do you compromise and move beyond all that? is it purely a policy issue? >> well, a lot is policy driven by san francisco is trying a few creative things that might be able to be replicated elsewhere. one is a pirates project to legalize inlaw units. they are existing units so many places in san francisco have a basement or backyard garage converted into an apartment. they are there and if they were lega
says the cost will drop $2,300. and that's before any subsidies, depending on income and tax credit. here it is verbatim. middle class families purchasing private insurance in the new state-based health insurance exchanges could save as much as $2,300 per year in 2014, unquote. >> question, that promise of the $2,300 drop materialize next year, mort? >> all i can tell you is everybody in my company got a notice that their payments were going up and going up dramatically and they just got them yesterday in response to that bill. i can't talk for americans, all i can tell you in my own company is what happened and i think that is a disgrace for what this program is going to imply for a lot of american families. >> chris. >> the 5% that eleanor keeps referring to is the reality, 5% couldn't keep what they had are junk policies, which don't cover hospitalization. deductions of $15,000. so if you get serious illness, you have to pay it out of pocket. sure it will reach that $2300 measure. reduction of what you have to pay when the insurance policy doesn't cover your problems. >> p
and medicare. but i think he needs something more in taxes than the republicans are prepared to give. so my guess is that you won't see that. but it does have me very concerned. these are openly on the table. and you look at the condition of today's elderly, i think you're really hard-pressed to say that they have too much money. i mean, for 40% of people over age 65, their social security check is more than 90% of their income. and these are checks that average a little over $1,200 a month. so to say that these people are doing so well, we should be looking to cut back their benefits or have them pay more for medicare, that to my mind seems 180 degrees wrong track. >> i think to put it more bluntly, no one is willing to talk about the fact that social security and medicare cuts equal having old people die faster. and that the proposals to do that are indirect and they've labeled them in technical language so that most people won't realize that's what's happening. i mean, chained cpi, you know, that's a my-eyes-glaze-over term. >> consumer price index? >> right, and so that's the mechanism
Search Results 0 to 9 of about 10 (some duplicates have been removed)